CPP Investments and Hamilton Pyramid Europe completed the acquisition of the W Rome from King Street Capital Management and Omnam Investment.

CPP Investments, an investment management organization, and Hamilton Pyramid Europe, a hotel management and co-investment platform, completed the acquisition of the W Rome, a luxury hotel, from King Street Capital Management, an alternative investment firm, and Omnam Investment, a real estate investor and developer. Financial terms were not disclosed. “Rome has historically been a top destination globally for both leisure and business travel, and we believe this will continue to be the case for decades to come. The acquisition of the W Rome positions our joint venture with Hamilton – Pyramid Europe well to capitalise on the continued strength of Rome as a travel destination,” Andrea Orlandi, CPP Investments Managing Director and Head of Real Estate Europe.